Lakeview Property Management
4.8Lakeview County
Residential management, leasing, and owner services for local rental properties.
216-555-0187lakeviewpm.com
Purchase Price Calculator
Maximum purchase price
$366,050
Cost breakdown
+Likely effective rent$2,880
HUD FMR$2,620
Market rent$3,460
Est. payment standard (110%)Used$2,880
Estimated payment standard is $2,880 (110% of FMR).
-Principal and interest-$1,851
Loan amount$292,840
Down payment$73,210
Rate6.50%
Term30 years
-Operating costs-$829
Property taxes-$366
Insurance-$175
Utilities$0
HOA$0
Management-$288
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$45,838(62.6% ROI)
Projected value
$394,196
Current value$366,050
Return breakdown
Property appreciation+$28,146
Loan principal paid down+$10,492
Rental cash flow+$7,200
5-year hold
+$78,812(107.7% ROI)
Projected value
$414,152
Current value$366,050
Return breakdown
Property appreciation+$48,102
Loan principal paid down+$18,710
Rental cash flow+$12,000
10-year hold
+$171,107(233.7% ROI)
Projected value
$468,575
Current value$366,050
Return breakdown
Property appreciation+$102,525
Loan principal paid down+$44,582
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio0.80
Studio
0.80ratio
FMR$2,180
Market$2,710
vs market-$530
FMR is below market; voucher rent may lag private rents.
90% standard$1,962 / 0.72 ratio110% standard$2,398 / 0.88 ratio
1 BR0.81
1 BR
0.81ratio
FMR$2,330
Market$2,880
vs market-$550
FMR is below market; voucher rent may lag private rents.
90% standard$2,097 / 0.73 ratio110% standard$2,563 / 0.89 ratio
2 BR0.76
2 BR
0.76ratio
FMR$2,620
Market$3,460
vs market-$840
FMR is below market; voucher rent may lag private rents.
90% standard$2,358 / 0.68 ratio110% standard$2,882 / 0.83 ratio
3 BR0.90
3 BR
0.90ratio
FMR$3,370
Market$3,730
vs market-$360
FMR is near market; voucher and private rents are aligned.
90% standard$3,033 / 0.81 ratio110% standard$3,707 / 0.99 ratio
4 BR0.68
4 BR
0.68ratio
FMR$3,900
Market$5,760
vs market-$1,860
FMR is below market; voucher rent may lag private rents.
90% standard$3,510 / 0.61 ratio110% standard$4,290 / 0.74 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller unit sizes.
Historical
FY 2022-2026
Data freshness
- FMR
- FY2026
- Market rent
- last ~365 days
About this result(HUD FMR/SAFMR details)
This page shows HUD Fair Market Rent data for 60091 (IL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.
Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.
Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.
60091 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60091 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,620 and the 4 bedroom fair market rent is $3,900.
Use this page for searches like 60091 FMR, 60091 fair market rent, and 60091 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.
| Bedroom size | HUD FMR |
|---|---|
| Studio | $2,180 |
| 1 bedroom | $2,330 |
| 2 bedroom | $2,620 |
| 3 bedroom | $3,370 |
| 4 bedroom | $3,900 |